The IRS has updated – and increased – the standard mileage reimbursement rate for July through December 2011.

The new rate is 4 and one-half cents higher than the mileage rate in the first part of 2011.

The last time the rate was this high was in 2008.

Here is the complete Mileage Reimbursement chart from the IRS.

The chart is current for the latest IRS update all the way back to 2000.

For some years, like 2011, there are significant mileage reimbursement rate jumps mid-year. This helps average out the mileage rate over an entire year, when the rate during the first part of the year has not kept up with large and fast increases in the price of gas.